New York (Reuters)-the U.S. stock market rise on Monday, mood to return to European officials hope, will find a way to cut Greece's debt, and the shore of European Banks.
In the afternoon, after rising high pan, said the report from the European financial stability fund plans to use the money in the project.
Investors don't want to make a long-term commitment, because it or not, European officials prepared to, to take bold new action to solve the crisis of the conflict between the report.
"In view of the market in the past two months, how about the performance of people in fuzzy rumors are interested, because any action taken by a popular, the church of Pennsylvania, the President said: Eddie capital" Michael.
The market has been very sensitive, Europe's efforts, the credit crisis, burning the euro area near Greece default ramshackle. Last week, the dow since October 2008 of the largest decline in the financial crisis of the week of depth, and the s&p 500 fell 6.6%, for a week.
The meeting was one of the best financial shares KBW bank index, ". BKX > rose 5.3%. The dow component jpmorgan chase advanced 7% to $31.65, and citigroup rose 7% to $26.72.
However, in the nasdaq gains were limited to apple, after reports of Suggestions, high-tech companies, is to cut in some key order.
Talk about plans for 50%, in the Greek debt and improve the euro rescue fund, boost the market, even though the write-downs officials called for talks too early. A CNBC's report lists the top European officials said the plan involved the use lever principle and the European investment bank purchase of the sovereignty of the debt, to save the European bank.
The dow Jones industrial average was up 272.38 points, or 2.53%, to close at 11043.86. Standard &poor's 500 index ". > SPX up 26.52 points, or 2.33%, to close at 1162.95 points. The Nasdaq composite stock price index ". IXIC > up 33.46 points, or 1.35%, to close at 2516.69.
Chicago board options exchange volatility index < market. VIX index fell 5.4%, but still higher than in more than 20%.
"These confidence, it is difficult to move forward in the future, will lead to more volatility," said mark foster, help management Kirr markov Bach company in indiana Columbus, $5 million.
The apple fell 0.3%, to $403.17. Analysts say the iPhone maker cut iPad tablet computer parts suppliers of the order. The leader of the meeting, high-tech earlier down as much as 3.2%.
Foster said: "if things in digital board upper to slow down, this means that, maybe apple not from slowing economic growth, after all, the influence of the".
On the rise, Boeing significant elevator, the dow Jones index, a day after manufacturers offer longing dream plane, the first airline customers. The company's share price rose 4.2%, to $62.01.
Buffett's enterprise group, Berkshire-ha and wei company, will launch a stock repurchase program, from buffett's unprecedented move, after complaints, the stock investors be underestimated months.
Berkshire ha and wei the stock of the company more positive business class B shares soared by 8.6% of hk $72.09.
In economic news, new single-family houses sales in August sales dropped another sign 6 month low, the American economy sluggish.
The New York stock exchange, the American stock exchange and the nasdaq, higher than last year's $847 million, the average daily of approximately 875 million shares changed hands.
Every four years at the New York stock exchange fell about 11, and the nasdaq stock market rise of about 62% rise.




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